MLB owners have unanimously voted to institute a lockout beginning Thursday at an undetermined time, per Jon Heyman of MLB Network and Audacy.
The collective bargaining agreement between MLB and MLBPA is set to expire at 11:59 p.m. ET on Wednesday.
Earlier in the day, ESPN's Jeff Passan reported that a lockout appeared "imminent" after MLB and MLBPA leaders held a meeting at an Irving, Texas hotel that lasted just seven minutes. That capped three days of bargaining which Passan wrote "produced no progress after months of talks had done the same."
This lockout would mark the first work stoppage in MLB history since the 1994-95 strike, which ended up resulting in the cancellation of the end of the 1994 season and a delayed start (plus more lost games) to begin 1995.